Kinder Morgan Inc. has announced it will extend its current binding open season to review shipper comments and interest received to date, as well as continue to seek commitments for the proposed Utica Marcellus Texas Pipeline (UMTP) project, which would transport natural gas liquids and condensate produced from the Utica and Marcellus basins to delivery points along the Texas Gulf Coast, including connectivity to a Kinder Morgan dock located along the Houston Ship Channel.
The binding open season will now end at 5 pm Central Time on 15 December 2015.
“We continue to receive strong interest from shippers for this opportunity to transport products from the Utica and Marcellus basins to the Gulf Coast. This extension allows Kinder Morgan to align our transportation solution with shipper interests based on the feedback we’ve received on the project,” said Don Lindley, president of KMI’s Natural Gas Liquids (NGL), Products Pipelines.
The approximately US$4 billion UMTP project will be designed to transport propane, butanes, natural gasoline, y-grade and condensate in batches along the system, with a maximum design capacity of 430 000 bpd. Subject to shipper commitments and timely regulatory approvals, the pipeline will be in service by the 4Q18.
Edited from press release by Angharad Lock
Read the article online at: https://www.worldpipelines.com/project-news/17092015/utica-marcellus-texas-pipeline-binding-open-season-extension-1417/